Nonprofit · EIN 45-3703982
DREAMVILLE FOUNDATION
Tax-exempt · LOS ANGELES, CA 90024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $245,728 | $177,338 | $68,390 | $174,896 | $0 | $174,896 |
| December 31, 2024 | 990-PF | $163,856 | $169,224 | -$5,368 | $106,506 | $0 | $106,506 |
| December 31, 2023 | 990-PF | $105,947 | $164,799 | -$58,852 | $112,686 | $812 | $111,874 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $245,485
- Interest
- $243
Expenses
- Grants and similar amounts paid
- $123,299
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $17,501
- Disbursements for charitable purposes
- $172,554
- Excise tax on investment income
- $3
Balance sheet and other
- Total assets, start of year
- $106,506
- Total assets, end of year
- $174,896
- Total liabilities, end of year
- $0
- Net assets, end of year
- $174,896
- Fair market value of assets
- $174,896
- Qualifying distributions
- $172,554
- Net investment income
- $243
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERMAINE COLE 10960 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA 90024 | PRESIDENT | 0 | $0 |
| MELISSA COLE 10960 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA 90024 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERMAINE COLE 10960 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA 90024 | PRESIDENT | 0 | $0 |
| MELISSA COLE 10960 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA 90024 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERMAINE COLE 9650 STRICKLAND RD STE 103, RALEIGH, NC 27615 | PRESIDENT | 0 | $0 |
| MELISSA HEHOLT 10960 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA 90024 | DIRECTOR | 0 | $0 |
| ARIEL CORBETT 355 W MARTIN LUTHER KING BLVD 708, CHARLOTTE, NC 28202 | DIRECTOR Highest-paid employee | 40 | $0 |
Address and contacts
- Address (IRS master file)
- CO NKSFB 10960 WILSHIRE BL 5TH FL, LOS ANGELES, CA 90024-0000
- In care of
- % NKSFB
- Mailing address (990-N for 2014)
- 265 SUNRISE HIGHWAY, ROCKVILLE CENTRE NY 11570
- Principal officer (990-N for 2014)
- JERMAINE COLE, C/O CHRIS JONES 265 SUNRISE HWY 1-4, ROCKVILLE CENTRE NY 11570
- Signed the 990-PF
- MELISSA COLE, EXECUTIVE DIRECTOR
- Phone
- (310) 277-4657
- Return prepared by
- NKSFB LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 45-3703982 or by the name DREAMVILLE FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-3703982
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $174,896
- Income (IRS master file)
- $245,728
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $245,728 | $177,338 | $174,896 | IRS |
| 990-PF | December 2024 | $163,856 | $169,224 | $106,506 | XML |
| 990-PF | December 2023 | $105,947 | $164,799 | $112,686 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
| 990-N for 2014 Officer: JERMAINE COLE | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3703982).
Questions about DREAMVILLE FOUNDATION
- What is the EIN of DREAMVILLE FOUNDATION?
- The employer identification number (EIN) of DREAMVILLE FOUNDATION is 45-3703982.
- Is DREAMVILLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to DREAMVILLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DREAMVILLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DREAMVILLE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREAMVILLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who is the principal officer of DREAMVILLE FOUNDATION?
- The 990-N for 2014 names JERMAINE COLE.
- Who are the officers and directors of DREAMVILLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does DREAMVILLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $245,728, expenses of $177,338 and total assets of $174,896 at year end.
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